Sedania Innovator Bhd (XKLS:0178) Receivables Turnover: 0.74 (As of Jun. 2024)

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What is Sedania Innovator Bhd Receivables Turnover?

Sedania Innovator Bhd XKLS:0178 Receivables Turnover is 0.74 as of Jun. 2024.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Sedania Innovator Bhd's Revenue for the three months ended in Jun. 2024 was RM14.21 Mil. Sedania Innovator Bhd's average Accounts Receivable for the three months ended in Jun. 2024 was RM19.18 Mil. Hence, Sedania Innovator Bhd's Receivables Turnover for the three months ended in Jun. 2024 was 0.74.


Sedania Innovator Bhd  (XKLS:0178) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Sedania Innovator Bhd Receivables Turnover Related Terms


Sedania Innovator Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sedania Innovator Bhd's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sedania Innovator Bhd Receivables Turnover Chart

Sedania Innovator Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial 2.29 1.22 2.92 7.17 10.74

Sedania Innovator Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.73 0.54 0.66 0.74

XKLS:0178 vs PG, CL, KMB: Receivables Turnover Comparison

For the Household & Personal Products subindustry, Sedania Innovator Bhd's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sedania Innovator Bhd Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sedania Innovator Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sedania Innovator Bhd's Receivables Turnover falls into.



Sedania Innovator Bhd Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Sedania Innovator Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=49.098 / ((2.529 + 6.61) / 2 )
=49.098 / 4.5695
=10.74

Sedania Innovator Bhd's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=14.207 / ((21.225 + 17.141) / 2 )
=14.207 / 19.183
=0.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.74 mean?
Sedania Innovator Bhd (XKLS:0178) has a Receivables Turnover of 0.74 as of Jun. 2024. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Sedania Innovator Bhd and its competitors.
Is Sedania Innovator Bhd's Receivables Turnover too high?
Sedania Innovator Bhd's current Receivables Turnover is 0.74. The Consumer Packaged Goods industry median Receivables Turnover is 9.33. Sedania Innovator Bhd's value of 0.74 is 92.1% below this industry median.
How does Sedania Innovator Bhd's Receivables Turnover compare to PG and CL?
Sedania Innovator Bhd's Receivables Turnover of 0.74 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.33. Sedania Innovator Bhd's value of 0.74 is 92.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.33, based on 1,943 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sedania Innovator Bhd's current Receivables Turnover of 0.74 is 92.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Sedania Innovator Bhd and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sedania Innovator Bhd's current Receivables Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sedania Innovator Bhd stock overvalued right now?
Sedania Innovator Bhd (XKLS:0178) has a current Receivables Turnover of 0.74. The current Receivables Turnover is 0.74 and 92.1% below the Consumer Packaged Goods industry median of 9.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Sedania Innovator Bhd (XKLS:0178), the current Receivables Turnover is 0.74 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sedania Innovator Bhd Business Description

Address Jalan SS6/2, Level 7, 10 and 11, Kelana Parkview Tower, Petaling Jaya, SGR, MYS, 47301
Sedania Innovator Bhd is an investment holding company. Along with its subsidiaries, the company provides energy efficiency and renewable energy solutions, digital and telecommunication solutions, Shariah-compliant banking platforms, and health products. It operates in the following reportable segments: Sustainable fast-moving consumer goods (FMCG), Sustainable Energy, and Sustainable consumer technology. Maximum revenue is generated from its Sustainable FMCG segment, which offers essential, eco-friendly products focused on mother care, healthcare, personal care, household, and baby products designed for health-conscious families. Geographically, the company derives a majority of its revenue from Malaysia and the rest from Europe, Other Asian countries, and other regions.